India: BSE to launch billets futures contracts on 13 Jul’21

The Steel Users Federation of India (SUFI), in association with BSE, will launch steel billets futures trading on the BSE platform from 13 Jul’21.

The billets futures contract will offer traders an additional avenue (currently only MCX offers steel futures contracts) and offer all stakeholders effective risk-hedging instruments using the latest technology and risk management framework.

The trading time for the billets futures contracts will be from 9 am to 11:30/11:55 pm from Monday to Friday. The price quote as well as delivery point is Raipur, Chhattisgarh.

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